The statement of financial position of Stancia SA at December 31, 2021, includes the following (in thousands).

Transactions in 2022 include the following.

1. Accounts receivable of R$138,000 were collected including accounts of R$60,000 on which 2% sales discounts were allowed.

2. R$5,300 was received in payment of an account which was written off the books as worthless in 2022.

3. Customer accounts of R$17,500 were written off during the year.

4. At year-end, Allowance for Doubtful Accounts was estimated to need a balance of R$20,000. This estimate is based on an analysis of aged accounts receivable.

Instructions

Prepare all journal entries necessary to reflect the transactions above.

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Notes receivable R$ 36,000 Accounts receivable 182,100 Less: Allowance for doubtful accounts 17,300 R$200,800